965.9.1.0.8. Notwithstanding subparagraph i of paragraph b of section 965.9.1.0.4.2 or 965.9.1.0.5 where that subparagraph refers to paragraph c of section 965.7, a preferred share issued as part of a public share issue by a corporation described in section 965.11.7.1 may, under the conditions pertaining to its issue, be, within a period of 1,825 days commencing on the date that is 1,825 days after the date of its issue, redeemed or repaid by the issuing corporation or purchased by anyone, in any manner whatever, directly or indirectly, for any amount not less than the par value of the security.
1997, c. 85, s. 211; 1999, c. 83, s. 273.